After the GST( Goods and Service tax) roll out since 1st July, there have been major price changes in the auto sector across various segments. The new tax structure has mostly received a positive response as car prices have been reduced for most segments and models. For August 2017, car manufacturers are giving discount benefits to its customers like Cash discount and Exchange bonus. In addition, Hyundai and Volkswagen are giving various discount benefits on the occasion of Independence Day. Here, we have compiled a list of benefits on cars which are offered at dealership level so the final figures may vary from one city to another. Although the cess has again been increased on luxury cars, it’ll become effective only in September and hence August might be a good month to buy a new car since not only will prices go up later, the Independence Day discounts make instant buying a more lucrative option.
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Discounts on Maruti Suzuki cars in India
Maruti Suzuki Limited dealerships are offering discounts, right from its entry level hatchback Alto 800 to its MPV Ertiga. The most popular hatchback in company’s stable Alto 800 and Alto K10 is being offered in a discount range of Rs 10,000 to Rs 20,000. The newly launched 2017 Dzire, Baleno, Ignis and Brezza are available without any benefits this month as the company continues to try and bring down the waiting period for most of these models.
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Discounts on Hyundai cars in India
On the occasion of Independence Day, Hyundai Motor India is offering multiple benefits on its product line including the Eon, Grand i10, Xcent, Elite i20, i20 Active, Tuscon and Santa Fe. The company is giving discounts of Rs 50,000 on Eon, while, the Santa Fe is being offered with benefits of as high as Rs 2,50,000.
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Discounts on Tata Motors cars in India
Tata Motors dealerships are offering discounts on its Bolt,Indica and Zest as these models haven’t fared well in terms of sales. Dealerships are giving cash discount of Rs 10,000 to Rs 15,000 on its Bolt,Indica and Zest variants but we’re sure this amount can be increased with some bargaining with the dealer, owing to the low demand for these models. However, the Tiago, Tigor and Hexa are not being sold with without any offers as they are new models and are in good demand.
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Discounts on Honda cars in India
Honda Cars India dealerships are giving benefits on select vehicles like the Brio, Jazz, Amaze and BR-V, while the WR-V and 2017 Honda City are not being sold with any offers. The dealerships are offering free insurance on the hatchback Brio and a cash discount that ranges from Rs 15,000 to Rs 50,000 on Jazz, BR-V and Amaze.
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Discounts on Ford cars in India
Ford dealerships are offering cash benefits of Rs 10,000 on Figo, Aspire and EcoSport. In addition, they are also giving an exchange bonus of Rs 15,000 on Figo, Aspire and EcoSport. The flagship SUV Endeavour, however, is being sold free of any significant offers.
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Discounts on Volkswagen in India
Volkswagen dealerships are offering discount benefits in the form of cash discounts and exchange bonus on Polo, Ameo and Vento. The Ameo and Polo come being sold with a cash discount of Rs 50,000 along with exchange bonus of Rs 40,000. The Vento gets cash discount on its petrol and diesel variants that range between Rs 70,000 to Rs 90,000.
